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Renton Highlands KinderCare Investment Property
For Sale
$2,890,000
Pending

1225 Anacortes Ave NE, Renton, WA 98059

NNN leased KinderCare with long-term secured investment.

Property SizeContact for details
Days on Market401

Property Features for 1225 Anacortes Ave NE

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1987
Listing Agency: ROBERTSON & ASSOCIATES COMM'L R.E., LLC
Listed By: NORMAN BECK · License #100409
Source: Corcoran
Added: Aug 1, 2025 Changed: Jul 6 Last Checked: Jul 23 at 6:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ROBERTSON & ASSOCIATES COMM'L R.E., LLC

Investment Insights

Based on property information with market context.

The property is a 7,314 square foot KinderCare facility located in Renton Highlands. It is currently 100% leased to KinderCare, a childcare center. The lease is an absolute triple net (NNN) lease with over five years of the term remaining, plus four five-year options. The lease features CPI rental increases and a corporate guarantee, providing a secured long-term investment. An approximately 8% rent increase is scheduled for May 2028, which will increase the capitalization rate to 6.49%.

Key Highlights

  • 100% Leased to KinderCare, a top‑tier childcare center.
  • Absolute Triple Net (NNN) Lease for hassle‑free ownership.
  • Backed by a Corporate Guarantee.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Electrical Service Auto Parts Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby
Under-served
Demand for This Use

Demographics for 98059, WA

41,672
Population
15,001
Households
2.8
Avg Household Size
38
Median Age
51%
College-Educated
93%
High-School Grad
16.2 sq mi
ZIP Area
2,572
Density / Sq Mi
$134,336
Median Household Income
$67,119
Median Earnings
$2,230
Median Rent
$809,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Similar Off Market Nearby

  • Albertsons Floral 4621 Sunset Blvd NE, Renton, WA 98059

Frequently Asked Questions

What type of property is this?
Storefront property - NNN leased KinderCare with long-term secured investment.
Where is this storefront property located?
The property is located at 1225 Anacortes Ave NE Renton, WA.
What is the asking price?
The asking price for this property is $2,890,000.
What are key features of this property?
This property features: 100% Leased to KinderCare, a top‑tier childcare center.; Absolute Triple Net (NNN) Lease for hassle‑free ownership.; Backed by a Corporate Guarantee.
More about this property
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